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20121129
20121207
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CSPAN 34
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English 34
Search Results 0 to 33 of about 34 (some duplicates have been removed)
CSPAN
Dec 6, 2012 7:00am EST
obama. i really liked mitt romney. why do i have to pay less taxes than my friend from massachusetts? that really bugged me. host: that is stephen from connecticut. tyrone is a republican from the bronx. caller: i think hillary clinton would be an excellent candidate in 2016. i think she handled the middle eastern issue to the best of her ability. also, as far as the gop is concerned, i think she has made strides toward eliminating the tax spending through various commitments with private entities and organizations that are coming out of the woodwork. i was watching earlier today and what they were requesting from the white house was let's fix this problem by incorporating a small businesses and less government intervention to curb the deficit. it has been astronomical. then i heard barack obama say the way we are going to do it is by making more cuts in various ways. he was saying by making more cuts and the only people it is going to hurt is the working class and somewhat of the middle-class. he should mention the fact that out of control spending has a lot to do with the credit ca
CSPAN
Nov 29, 2012 7:00am EST
it. host: lead story in the wall street journalism, president obama's signal he wouldn't insist tax rates on upper income americans rise as part of a deficit reduction deal. so a new flexibility as he tries to accelerate talks with republic conditions. new clirity of the white house position marks a potentially important moment to figure out how to handle tax rates that are due to snap higher next year. one of the thorniest elements of the so-called fiscal cliff. host: that's the lead story this morning in the "wall street journal." marisa is a democrat in montana. marisa, good morning to you. the g.o.p. says address the spending problem. what do you think? caller: oh, thank you so much for taking my call. i'm so grateful and so grateful for c-span. let's never forget the dark days of the bush administration when dan rather got fired and no one would talk about anything. this open dialogue, which does lead to solution of problems. i'm so grateful, thank you c-span. i would like to say that i can remember at the very beginning of the bush administration when those democratic congress
CSPAN
Dec 6, 2012 5:00pm EST
increases. when obama put his additional offer, he said $1.60 trillion in tax increases and we will delay the spending cuts until next year. that was the initial offer. republicans want to make sure that the spending cuts go up and become more immediate. considering that obama has been open to spending cuts in previous negotiations and says he is open to it now and republicans have changed from where they were a year ago when it comes to tax increases, i think it will not take too much to get there, although there are still obstacles. host: the $1.60 trillion and $800 billion are the opening numbers. where are we with those numbers now? have those numbers been altered? guest: i do not know if republicans have gone above $800. the question will be, will obama be able to get above $800. once you start talking about the $1 trillion number, that is a politically sensitive number. obama might want to get above $1 trillion. republicans will want to keep it below $1 to win. host: are the senate ways and means and finance committees involved in these discussions? guest: sam bachus, the ways and m
CSPAN
Nov 30, 2012 8:00pm EST
addresses the fiscal cliff and middle- class tax cuts. president obama talked about the so-called fiscal cliff and his proposal to end of the bush tax cuts on those earning more than two and a $50,000. ed -- more than $250,000. ["hail to the chief" plays] please have a seat. have a seat. relax for a second. it is good to see all of you. hello. it is good to be back in pennsylvania. it is good to be right here. i want to thank michael, robert, and the investor, joel glickman for hosting me today and giving me a great tour. stand up so everybody can see you, guys. [cheers and applause] there you go. we have a couple of outstanding members of congress here. [cheers and applause] now, i just finished getting a tour of the workshop. i have to say it makes me wish that joel invented this stuff sooner when i was a kid. back then, you couldn't build a roller coaster out of your erector set. i got a chance to meet some of the folks who have been working around the clock to keep up with the christmas rush. that is a good thing. these guys are santa's extra elves. they manufacture almost 3000 piece
CSPAN
Dec 6, 2012 10:00am EST
sure they get spending cuts to go with it. president obama said 1.6 in tax increases and spending cuts won't take place until next year. by considering that obama has been open to spending cuts in previous negotiations, and says he's open to it now. and republicans have changed from where they were a year ago when it comes to tax increases, i think it won't take too much to get there, although -- >> that segment and more at our special webpage c-span.org/fiscal cliff. now to the senate side of capitol hill for gos on the pending tax hikes and budget cuts. >> there's enough writing on the walls to fill quite a few pages about republicans deciding the right thing to do is protect the middle class. and we need to do it now. it's really important that this holiday season that the middle class is not going to be burdened with the thought that they may hit a $2,200 a year tax increase. there have been positive developments this week. we've had a list of republicans that have decided clearly that the best interest of the american people is to pass the bill we passed here last july, confirming
CSPAN
Nov 28, 2012 8:00pm EST
with president obama to move forward in preserving the tax rates for the middle-class. as the chairman just said, for everyone, including warren buffett, ross perot -- they would get tax relief for the first $250,000 of their income as well. you hear some republicans collin this pledge handcuffs that keep them from moving forward. we would hope in the short periodically have before december 31, we would not let a pledge to a special interest supersede the pledge of allegiance to make to our country. finally, once again, the american people are way ahead of the politicians. the american people by two- thirds agree with president obama that we must have a balanced approach to solving deficit issues and moving toward economic growth and job creation. two-thirds. if they were a vote by the american public today, there would be a landslide in favor of providing for the 2% wealthiest americans to pay a little more in taxes to help them get to the point of a balanced approach. a landslide victory. including republicans in america who agree with that. there is no reason to delay. we think we can move fo
CSPAN
Nov 30, 2012 7:00am EST
from kentucky talk about how obama had raised her taxes. she has gone more tax breaks since obama was president -- she pays a lower rate than she did for the past 60 years. guest: in terms of the retroactive applica
CSPAN
Dec 4, 2012 7:00am EST
of their taxes going back to 39.6%. host: does president obama's proposals go far enough to pay the bills? caller: no. i do not know why they are chicken about to raise taxes and deal with entitlements. i have never served in the military. i want all the republicans to hear a democrat saying if we had to put the age for medicare to 67 and deal with entitlements by extending ages going out into the future, i am all for it. host: an independent caller, what do you think? hostcaller: you look lovely. we appreciate it. i started talking about this in july 2011. the gop -- he said they are in violation of their oath of office whenever they refuse to raise the debt ceiling. then when they do it on the floor, they are in violation of u.s. code. by dissenting that argument in public and then recommending the public and the court their views. host: this proposal by republicans does not include any thing to raise the debt ceiling. caller: i know but they are going to have to do that. also, john boehner -- this proposal has $160 billion less than he offered before the election and also raises the money take
CSPAN
Nov 29, 2012 10:00am EST
in the top 2% tax rate. --wasn't ended the year deal it was an end-of-the-year deal. the obama administration was looking for the stimulus measure. they thought it would be hard for republicans to oppose a tax cuts. host: the money rigidly was going where -- the money originally was going where? guest: going to the social security trust >> we take you live now to the u.s. capitol and house speaker john boehner. >> the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public statements. momings of his own party seem quite comfortable on sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today i would say two things. first, despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on the line. the american economy is on t
CSPAN
Dec 1, 2012 7:00am EST
continuing to do it. they refuse to admit to obama has a mandate to tax these rich people. just the other day the corporate income is up to 1175 trillion dollars. these corporations are sitting on this money. they sat on it all through the election to make obama look bad. i know that sounds like a conspiracy theory, but you have to look at what people are doing, not what they say they are doing. host: all right. let's move on to linda from tallahassee, florida. caller: i have been very disappointed in the republicans myself, and i have been a republican for a long time. this pastime i could not even vote republican because i was so aggravated in what i felt was misinformation from them. i am in the top 5% of american wealth. we owed nobody -- we have no bills. we know plenty of baker's. we felt these people were taking advantage -- would you are in the banking business, it is a public trust issue. they do not to make these loans and they made them anyway. i said, you should not be making these loans, it is not a good loan. it made them. they are not going to jail for it. nobody on wall street
CSPAN
Dec 5, 2012 1:00pm EST
that that has meaning anymore. in 2001 and 2003 we did do some dramatic changes to tax policy. president obama extended all of those changes in 2010. that's the law of the land still today. tax policy has been exactly the same over this continuum. what has changed, mr. speaker, what has changed is the spending. the reason deficits have grown not one, not two, not three but almost four times larger than the previous record deficit in american history is not because tax policy has changed, it hasn't. it's because federal spending policy has changed. and that's what we have to get our arms around here in this body. what i show going forward, mr. speaker, put a little square around the annual budget deficits that have been run during the first four years of the obama administration, but i also project what the congressional budget office believes, that's a nonpartisan budget planning group we have here on capitol hill, what they believe is in store for us in the future if we continue under current policy. -h tsh-that's trillion dollar deficits going out for years to come. the problem is not tax po
CSPAN
Nov 30, 2012 2:00pm EST
and they reset the rates -- the lady from kentucky talk about how obama had raised her taxes. she has gotten more tax breaks since obama was president -- she pays a lower rate than she did for the past 60 years. guest: in terms of the retroactive application --there is a possibility we could come back in january and say we will reinstate those tax rates for everybody except those people making more than $250,000. host: we have about 30 seconds. the likelihood these credits will be reduced. guest: it will be a crapshoot. host: steven sloan from politico. walking in the other series about what may be affected because of the fiscal cliff. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> president obama spoke about the fiscal cliff today. later in the day, house speaker john boehner responded to the president's comments. you can both of them starting at 8:00 p.m. eastern on c-span. tomorrow came a memorial service for warren rudman who died earlier this month. we will hear remarks from vice- president joe biden and several others as t
CSPAN
Dec 3, 2012 8:00pm EST
that president obama is proposing. it would be a direct hit on job creation. and over and talk about raising tax rates at the top, it is not because we are worried about whether the rich can buy an extra vote. we are worried about their ability to invest in the economy. host: let's hear from mary in topeka, kansas. caller: i had a couple of comments. and then maybe let them answer. one, a republican, but i guess i'm not a very loyal one because at this point, between the republicans and the democrats, i am totally fed up with what comes across on the national news. both sides seem to be spending the truth in july's for their own political gain. -- into lies for their own political gain. we need a solution that is not 25 years away. but i do not know how it is going to be done when the president -- and as far as i can see, he has not even sat down for a talk that lasts more than an hour or so. he has other people doing is talking and expects the republicans to try to make a deal. you cannot make a deal with a third party and then have a first party reject everything on the plan and never sit down
CSPAN
Nov 30, 2012 10:30pm EST
her taxes. she has gotten more tax breaks since obama was president -- she pays a lower rate than she did for the past 60 years. guest: in terms of the retroactive application --there is a possibility we could come back in january and say we will reinstate those tax rates for everybody except those people making more than $250,000. host: we have about 30 seconds. the likelihood these credits will be reduced. guest: it will be a crapshoot. host: steven sloan from politico. thank you. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> tomorrow on washington journal, and a look at the mortgage debt relief act, which was passed by congress in the early days of the housing crisis, and a discussion of orientation sessions for senior aides and aides of members- elect in congress. and a member of the autistic and advocacy network on being an adult with autism, and the federal role in supporting autistic adults and children. washington journal, live saturday at 7:00 a.m. eastern on c-span. >> when i think of warren, i think of th
CSPAN
Dec 1, 2012 2:00pm EST
. 2012] >> president obama talks about u.s. tax policy. the tax cuts that will expire at the end of this year. then, senator orrin hatch from utah gives the republican address on the fiscal cliff which refers to automatic tax increases and spending cuts that would go into effect in 2013. >> hi, everybody. i'm here on the factory floor of a business in hatfield, pennsylvania, where folks are working around the clock making toys to keep up with the christmas rush. and i came here because, back in washington, the clock is ticking on some important decisions that will have a real impact on our businesses - and on families like yours. the most pressing decision has to do with your taxes. see, at the end of the year, middle-class tax cuts are set to expire. and there are two things that can happen. first, if congress does nothing, every family will see their income taxes automatically go up at the beginning of next year. a typical middle class family of four will see their income taxes rise by $2,200. we can't let that happen. our families can't afford it, and neither can our economy.
CSPAN
Dec 1, 2012 4:30pm EST
, president obama talks about u.s. tax policy, the tax cut put in place at the it illustration that will expire at the end of this year. -- by the past administration that will expire at the end of this year. be on some important decisions that will have a real impact on our businesses -- and on families like yours. the most pressing decision has to do with your taxes. see, at the end of the year, middle-class tax cuts are set to expire. and there are two things that can happen. first, if congress does nothing, every family will see their income taxes automatically go up at the beginning of next year. a typical middle class family of four will see their income taxes rise by $2,200. we can't let that happen. our families can't afford it, and neither can our economy. the second option is better. right now, congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. everybody. that means that 98% of americans and 97% of small businesses wouldn't see their income taxes go up at all. and even the wealthiest americans would get a tax cut on the
CSPAN
Dec 5, 2012 7:00am EST
for oneyear. then its sprang back to life as part of the extension of the bush tax cuts that president obama signed into law. you have a debate -- very few members dispute that it needs to be continued. the debate is over whether you continue it at the current level. there is an exemption level, $10 million for a couple. or at the white house would prefer a 45% rate. that is the debate right now. there's a split among democrats. the white house wants a less generous estate tax. max-leaning states like baucu baucus. host: that was the headline recently in "the wall street journal," showing the senators. at its highest, was that was the estate tax? how many people did the estate tax affect? guest: we are talking tens of thousands. right now it affects 3000 the estates. the exemption level is set high historical novel. it has come down significantly. big argument from conservatives is it hits small businesses and farms. the number a hits is a small fraction. host: if nothing happens, what happens to the estate tax? guest: then it goes back to the levels of an exemption of $1 million. host: and
CSPAN
Dec 5, 2012 5:00pm EST
, the president said he thinks republicans might be willing to agree to higher tax rates on the wealthy. mr. obama is introduced by the c.e.o. of boeing. >> we at the business roundtable are grateful to both the electricity -- for the engagement we have had with you and members of your team. listen, i know your team has really reached out significantly over the last few months to many people in this room. and i know personally from my work in the last three years on the export council that the outreach to us is again you inand we know you are seeking solutions that was outlined very sincerely this morning when we met with jack and the rest of the team. and i hope you get the same sense of purpose and commitment from us as we engage with you. there aren't a lot of wall flowers in here and eager for a two-way exchange nonetheless and hopefully your takeaway will be we can serve a useful purpose in the dialogue. mr. president, thank you again for joining us today. we would love to hear from you. [applause] >> good morning everybody. it is great to see all of you. many of you had a chance to see indiv
CSPAN
Dec 6, 2012 1:00am EST
. then it sprang back to life as part of the extension of the bush tax cuts that president obama signed into law. you have a debate -- very few members dispute that it needs to be continued. the debate is over whether you continue it at the current level. there is an exemption level, $10 million for a couple. or at the white house would prefer a 45% rate. that is the debate right now. there's a split among democrats. the white house wants a less generous estate tax. red-leaning states like max baucus. host: that was the headline recently in "the wall street journal," showing the senators. at its highest, what was the estate tax? how many people did the estate tax affect? guest: we are talking tens of thousands. right now it affects 3000 estates. the exemption level is set high historical novel. it has come down significantly. big argument from conservatives is it hits small businesses and farms. the number a hits is a small fraction. host: if nothing happens, what happens to the estate tax? guest: then it goes back to the levels of an exemption of $1 million. host: and that could hit about 55,00
CSPAN
Dec 4, 2012 5:00pm EST
between where john boehner is and president obama on overhauling the tax code? >> again, my job is to tell my clients what's going to happen, not what i would like to have happen, so what i would like to do is take a close look of what's being proposed, with regard to taxes and deductions, what i'm struck by is how rapidly the debate is moving away from bowles-simpson. they said broaden the base, lower the rates. the president is raising the rates and opposing a deductions and republicans want to keep the rates the same and lower the deductions. bowles-simpson had it right. i look at the logic that the white house had with regard to the idea of capping itemized deductions and i would like to look at it from a cost benefit point of view. we should weigh cost and benefits. they said they were against it for two reasons. the first was that it affected some taxpayers making less than $250,000, which is true. this would be a $50,000 cap, so the people we're talking about are people who are using way above average levels of itemized deductions on their return at that level. when i do the analysi
CSPAN
Dec 6, 2012 6:00am EST
't have a revenue problem, it has a spending problem. and under this administration, under president obama, we have seen record deficits and a record debt accumulate, and yet he keeps demanding that we raise taxes to pay for more spending. this will only hurt our economy. ernst and young has done an analysis of the president's proposal and said it will cost several hundreds thousands of jobs. there is a better way and the speaker has laid it out. it is an approach that calls for tax reform by reforming the tax code and passing responsible spending cuts in order to get our fiscal house in order. that's what america wants. the big things. this is our moment to provide that leadership that america desperately wants and we stand here ready to take the action necessary. >> the american people are hurting right now and now is the moment where we need to step up to the plate and solve the problem. i don't know how any of us can look our kids and grandkids in the eye and explain to them that we aren't willing to pay for the things we are enjoying today but just going to send them the bill. that's
CSPAN
Dec 1, 2012 6:00am EST
. in all of the polling, the american people support the expiration of the tax cuts for evil making over $250,000. >> do you support obama having the power to increase the debt limit? >> can you clarify something? when he talk about trillions of dollars in cuts [indiscernible] >> in the budget control act, it calls for over $1 trillion in cuts. >> the president opposed to propose of wedlock in a certain amount for entitlement programs. do democrats support that? >> first of all, we do democrats, saw savings in medicare of over $700 billion and affordable care act. we use that money to strengthen medicare and extend its life for almost a decade and to increase benefits for seniors now. is there more opportunity for that? yes. but not at the expense of an official years. there have been all kinds of -- but not at the expense of beneficiaries. >> st. mary's hospital is a catholic institution in san francisco. should they be required to adjust to this new health plan? >> the compromise is a reasonable one. >> madame leader? >> yes. >> would you support that if it is part of the package? >> i
CSPAN
Nov 30, 2012 9:00am EST
is a key part of these solutions. president obama has made it clear that his preference is to raise taxes on families and businesses, but that plan won't fix our national debt. it won't improve the economy. instead, congress should focus on tax reform and real significant spending reductions. the american people have chosen divided government, and with that comes a responsibility for us to work together and to fix the pro-our nation faces. i -- the problem our nation faces. i ask my colleagues to help resolve this fiscal crisis and do what's best for the american people. thank you. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from pennsylvania seek recognition? >> i ask unanimous consent to address the house for one minute. the speaker pro tempore: the gentleman from pennsylvania is recognized for one minute. mr. altmire: mr. speaker, many of the challenges congress will face during the ongoing negotiations over the fiscal cliff is whether or not to renew the wind production tax credit which expires at the end of this year. investing in re
CSPAN
Dec 4, 2012 10:00am EST
. president obama's legislation to extend the middle class tax cut has already been passed by the senate and now depends on us. we should embrace this opportunity to vote on something we can agree on and bring this legislation to the floor. i have already signed this petition. i urge all my colleagues to come down to the house floor right now even sign this discharge petition, bring this to the floor, let's give the american people a real holiday present. thank you. the speaker pro tempore: the gentlelady from california yields back. for what purpose does the gentleman from rhode island seek recognition? >> mr. speaker, i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentleman from rhode island is recognized for one minute. mr. cicilline: last month the american people went to the polls and delivered congress a resounding message that republicans and democrats should be working together to solve their nation's problems. although our constituents have made it clear that the time for partisan games is over, and despite overwhelmi
CSPAN
Nov 30, 2012 6:00am EST
to live side by side in the land they share. thank you, mr. president. [applause] >> president obama travels to pennsylvania friday to talk about his plan to avoid the fiscal cliff. the event is part of the white house's effort to cut public support to end the bush era tax cuts for incomes on $250,000 and above. it will be shown at noon eastern on c-span 3. >> washington worked his way up and went to harvard law school. he emigrated out west to the lead minee industry was in its heyday. he arrived by stagecoach, by train and arrived in this muddy mining town, boarded himself in a log cabin and slowly worked his way up and became a successful lawyer and got involved politically, ran for congress, search for 8 terms. he then befriended abraham lincoln, obviously from illinois, and ulysses s. grant, and as they were on the rise, he stayed with them as a close confidante and colleague during the civil war. after grant was elected president, he appointed washburn secretary of state. at that time, he became ill. his family feared for his life. after 10 days, he submitted his resignation to
CSPAN
Nov 30, 2012 1:00am EST
thing we need to do is- that by not extending the middle-class tax cuts. thank you for shopping with me. thank you very much. >> president obama hosted mitt romney for lunch on monday. gov. romney is said to have congratulated the president and the two ate lunch and had a discussion that lasted an hour. >> congressional historian norma rnstein explains why congress is pursuing. >> the program began, he was when the the advises, to document the conditions under which people were living. this was when we did not have television. we had radio, but a lot of places didn't have electricity. they cannot listen to the radiobroadcast. an economist from columbia was the head of this project. 1939 when kodak introduced color film, they sent found to have as photographers try out and see what they could do. kodak was trying to establish a new market and product. they wanted people who would know how to use it effectively to try it out and publicize it. . your testimony. [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> one of the thi
CSPAN
Dec 5, 2012 10:00am EST
'll reach a deal? guest: i'm not. i think it's on taxes where it's really difficult. just consider the dilemma the speaker has, he knows revenues has to go up. he knows president obama won the race. but the people he represents in the republican conference, they won and their platform was lowering taxes. he's got to persuade people who just a month ago said they wouldn't raise taxes to vote to raise taxes. that's a tough order. and then secondly, he's uping the ante on medicare by essentially going back to the ryan-style proposal of benefit cuts. and then third, the president wants to have the debt ceiling resolved or at least temporarily resolved as part of any agreement and the republicans and mr. boehner want to agree to that. so it argues that it may be much easier for mr. boehner to have a vote on the taxes come up in the first week of january than the republicans are voting to lower taxes because the state of the law will be at the clinton rates so then they don't have to deal with the norquist pledge. it's not the way we should do it but it's the way it will get done. host:
CSPAN
Dec 5, 2012 1:00am EST
you bridge the divide between where boehner and obama is, on the specific issue of revenue and overhauling the tax code? >> thank you. my job is to tell my clients what is going to happen, not what i would like to happen. i would like to take a close look at what is being proposed. with regard to taxes and deductions, what i am struck by is how rapidly the debate is moving away from what was said. bowles-simpson said broaden the base, lower the rates. we now have the president's proposing raising the rates and opposing a base-broadening measure. republicans want to keep the rate same and broaden the base, but that is different. bowles-simpson had it right. i look at the logic of the white house with regard to the idea of capping itemized deductions. i would like to take a look at it from a cost-benefit point of view. we're looking at tax expenditures, and we should weigh the cost of benefits in doing it. they're against it for two reasons. the first one would affect some taxpayers making less than $250,000, which is true. this would be a $50,000 cap, so the people we're ta
CSPAN
Dec 3, 2012 2:55pm EST
and the white house. house republican leaders have made a counter offer to president obama in the fiscal cliff negotiations proposing to cut to true knowledge with a combination of spending cuts come entitlement reform, and new tax revenues. there was a three page letter signed by speaker boehner, majority leader eric cantor, and other senior republicans including representative paul ryan. and this mornings "washington journal," we heard about tax reductions and credits that would go away if the fiscal cliff passes in january. >> board or series looking into the so-called fiscal cliff, we turn our attention to deductions and tax loopholes. some of them are potentially on the chopping block. joining us from the wall street journal is don mckinnon. thanks so much for joining us today. what are the loopholes and deductions? we hear those words a lot, but what are they? guest: loopholes or tax breaks of all different sorts, and whether you like a particular loophole or not depends on where you sit, i guess. there are lots of loopholes that are deductions. deductions are those that most people are
CSPAN
Dec 4, 2012 8:00pm EST
or a carbon tax. >> anyone want to weigh in on these? john boehner and president obama. david, i see you smiling down there. >> i was waiting for judd to jump in. he is the one that convinced me. >> ultimately, i think they have gotten more than they can handle. the revenue targets they need to reach, the spending targets they need to reach now are enormous, but if you look down the road, in particular at health care spending, given the discussion we had before, we can do everything we want to try to control health-care spending, but another way to help control health care spending is earmarked a value-added tax toward revenue which would have much was spent, how much people have to pay in taxes, it would eliminate their regressivity of that, and it would, using a pun, inoculate the deficit from uncertainty about health-care reform. health care reform will take a long time. it is more complicated than tax reform. we have had one major tax reform in the last 50 years, thanks to senator packwood and others. health-care reform is going to take a long time. we cannot wait to fix the deficit
CSPAN
Nov 29, 2012 8:00pm EST
middle-class tax cuts. thanks for shopping with me. i know you not tell anyone what i bought. thank you very much. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> president obama hosted former governor mitt romney for lunch on thursday. the white house -- they released this photo of their first meeting since the end of the election. governor romney is said to have congratulated the president and the two had a discussion that lasted more than an hour. >> friday on "washington journal," a congressional historian gives a history of the filibuster rule in the senate and explains the changes the senate leader harry reid is pursuing. at 8:00, a guest from political examines key tax credits aimed at families and businesses that would be impacted if congress does not act in the so-called fiscal cliff. "washington journal is live starting at 7:00 a.m. eastern on c-span. >> the program began under a man who was one of the advisers to president franklin roosevelt. to document the conditions under which people were livin
Search Results 0 to 33 of about 34 (some duplicates have been removed)